Quarterly report pursuant to Section 13 or 15(d)

11. Commitments and Contingencies (Tables)

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11. Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2015
Commitments And Contingencies Tables  
Future minimum maintenance fee payments

Future minimum maintenance fee payments are as follows:

 

For the year ended December 31      
2015   $ 75,000  
2016     300,000  
2017     300,000  
2018     300,000  
2019     300,000  
Thereafter     1,750,000  
    $ 3,025,000  
Future minimum lease payments under non-cancelable lease

Future minimum lease payments under these non-cancelable leases are approximately as follows:

 

For the year ended December 31      
2015   $ 25,884  
2016     74,506  
2017     75,000  
2018     65,000  
2019     45,000  
Thereafter     22,500  
    $ 307,891